NOT LISTED FOR SALE

302 Point Dr Hardy, VA 24101

Estimated Value: $409,884 - $525,000

0.73 Acre
$640,332 Price per Acre
31,799 Sq Ft Lot

Last Sold December 20, 2023

Last sale price $365,000

Est. 28% increase in value since last sale

Current estimated payment $2,528/month

42 Days on Market

Highlights

  • 265 Feet of Waterfront
  • 2 Dock Slips
  • Gentle Sloping Lot
  • Windy Gap Elementary School Rated A-
  • Lake View

About This Lot

As of December 2023

AMAZING! 265 feet of shoreline, back of cove with permitted 2023 TWO! Covered slips, stationary dock for entertaining, large floater, and bar enclosure. Building site cleared and excavated! Home site has an amazing view out the quiet finger cove, Trees have been removed in accordance with the SMP. Gravel path from home site to dock. Upscale neighborhood close to Roanoke and Westlake with low POA dues of $250/year.. 3 bedroom offsite septic drainfield installed. Ready to enjoy the powered dock now and build your dream house with all of the preparation work and expenses out of the way! Don't miss this opportunity. Priced to sell FAST. Bonus to selling agent of $5,000 if offer is executed by 10/31/23.

Last Agent to Sell the Property

Tony Seifred

MKB, REALTORS(r) - AT THE LAKE License #0225082689 Listed on: 08/30/2023

MKB, REALTORS(r) - AT THE LAKE

Last Buyer's Agent

Michelle Vandergrift

KELLER WILLIAMS REALTY LYNCHBURG License #0225207474

KELLER WILLIAMS REALTY LYNCHBURG

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $731

Lot Details

  • 0.73 Acre Lot
  • 265 Feet of Waterfront
  • Gentle Sloping Lot

HOA Fees

  • $21 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Closed -Burnt Chimney Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14

Community Details

Overview

  • Jay Vittori Association
  • Ridgewood Shores Subdivision

Recreation

  • 2 Dock Slips

Property Details

Property Type

Land

Est. Annual Taxes

$731

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Road Frontage: 292.26
  • Type: Land
  • Views: Lake
  • CondoAssocYN: No
  • ElectricDescription: Below Ground
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • Land Sub Type: Undeveloped
  • LengthOfWaterfront: 265.00
  • Major Area: 04 - Franklin County
  • OtherWaterDetailsNbrOfCoveredSlips: 2
  • Phone Email: 757-719-2726
  • P O A Condo Contact Name: Jay Vittori
  • POATerms: Annual
  • Hoa2 Or Poa: Yes
  • SubdivisionMap: Ridgewood Shores
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Cable TV Avail, Underground Util

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope
  • Total Acreage: 0.73
  • Lot: 14
  • Land Type: Lot

Green Features

  • Water Features: Cove, Southern Exp to Wtr

Tax Info

  • Taxes (6 mo): 731.00

MLS Schools

  • Elementary School: Closed -Burnt Chimney
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Dec 19, 2023
Sold by
Omalley Mikel P and Omalley Kelly S
Bought by
Cunningham William J and Cunningham Lisa A
Seller's Agent
Tony Seifred
MKB, REALTORS(r) - AT THE LAKE
Buyer's Agent
Michelle Vandergrift
KELLER WILLIAMS REALTY LYNCHBURG
List Price
$389,000
Sold Price
$365,000
Premium/Discount to List
-$24,000
-6.17%
Views
44
Current Estimated Value
$467,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,442
Avg. Annual Appreciation
12.89%

Purchase Details

Closed on
May 18, 2022
Sold by
Gesuale Thomas J and Gesuale Margaret R
Bought by
Omalley Mikel P and Omalley Kelly S

Purchase Details

Closed on
Oct 2, 2006
Sold by
Gks Development Llc
Bought by
Gesuale Thomas J and Gesuale Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cunningham William J $365,000 Pike Title
Cunningham William J $365,000 Pike Title
Omalley Mikel P $175,000 Old Republic National Title
Gesuale Thomas J $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gesuale Thomas J $150,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $365,000 -4.9% --
10/11/2023 10/11/23 Pending -- -- --
09/30/2023 09/30/23 Price Changed $384,000 -1.3% --
08/30/2023 08/30/23 For Sale $389,000 -- --
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,047 $243,500 $175,000 $68,500
2024 $1,047 $243,500 $175,000 $68,500
2023 $732 $120,000 $120,000 $0
2022 $732 $120,000 $120,000 $0
2021 $732 $120,000 $120,000 $0
2020 $732 $120,000 $120,000 $0
2019 $732 $120,000 $120,000 $0
2018 $732 $120,000 $120,000 $0
2017 $660 $140,000 $140,000 $0
2016 $660 $140,000 $140,000 $0
2015 $756 $140,000 $140,000 $0
2014 $756 $140,000 $140,000 $0
2013 $756 $140,000 $140,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 901236

Roanoke Valley Association of REALTORS®

APN: 0040301400